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| Authored by: Anonymous on Saturday, May 19 2012 @ 01:52 PM EDT |
Just because a few vested interests in old media might finally have noticed that
they've handed all their revenue/interest to someone else who's about to make
considerably more money than they have in aggregate in the the last ten years
doesn't mean they're jealous.
There might be genuinely sound economic reasons why a loss making company with
indistinct future revenue prospects and massive black holes in opaque accounts
that flagrantly violates it's users data in contravention of half the laws in
the world might actually be worth slightly less then the proposed $104Billion
(Or around 15 Sun Inc/Javas :O).
But that's just speculation.
Your investment may go down
This is not investment advice.[ Reply to This | Parent | # ]
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| Authored by: digger53 on Saturday, May 19 2012 @ 04:12 PM EDT |
My understanding from a number of sources is that the price would have fallen
below $38 had not Morgan Stanley stepped in to prop it up with "quiet" buys.
The NYT Times has an article with a lead off quote, "If you can get your hands
on a hot new stock, you probably don't want it." clink
I'm unimpressed with Facebook's money
making plan. The price to earnings ratio is horrible. I don't have a Facebook
account and wouldn't register if they paid me, but I'd not object to making
money from it... just don't see it. YMMV[ Reply to This | Parent | # ]
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